Binance hit with $6.3B breach; Delhivery reports net profit of Rs 41 Cr in Q2
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Binance has suffered a significant security breach, estimated to have resulted in losses of $6.3 billion. Approximately $3 billion worth of digital assets have been frozen on-chain following coordination with industry partners. The breach is believed to have started through a compromised DevOps engineer's laptop, granting unauthorized access to execute withdrawals.
However, further investigation revealed more than a single point of entry, indicating a more sophisticated attack than initially thought. Despite the breach, Binance has assured customers that their assets are safe and will cover any losses incurred through its Secure Asset Fund for Users (SAFU) and company funds.
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